Essays on frictional labour markets with heterogeneous agents
The first chapter discusses the effects of uncertainty shocks on the labour market. Using US data, I show empirically that increases in unemployment are due to both an increase in the separation rate and a decrease in the job-finding rate. By contrast, standard search and matching models predict an...
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London School of Economics and Political Science (University of London)
2015
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Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.658150 |